Institutional Investors

Arkansas PERS whittles down search for FoHF


The $6 billion Arkansas Public Employees Retirement System, based in Little Rock, Arkansas, has narrowed its search for a fund of hedge funds down to three final candidates.

From an long-list of 41 candidates the board was presented with a revised list comprising: Blackstone Alternative Asset Management, winner of the InvestHedge 2012 Institutional FoHF of the Year Award; Crestline Partners, which most recently bought the funds of funds assets of Lyster Watson; Grosvenor Capital Management; Lazard Asset Management; Mesirow Advanced Strategies; and Prisma Capital Partners, which has become part of the KKR business.

Arkansas Public Employees Retirement